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My question is, if the stimulus was supposed to save millions of jobs why is the unemployment rate up to around 9% since it passed? Of course libs will lie and spin and falsely blame Bush.since libbs like to make the unproven claim that if left had not shoved the the trillion dollar stimulus package down unwilling Americans throats millions of more jobs would have been lost .....can't repubs make the same argument that if we would not have invaded Iraq and Afghanistan millions of American lives would have been lost to terror attacks ??
Unemployment is DOWN to 9.1% and not up because of the stimulus and if more GOP governors had taken the stimulus it would be less.
Remember Bush had a stimulus also. And he allow millions of jobs to move overseas and cut taxes that did not create any jobs.
We would be in the double digits unemployment and in a depression instead of a recession.
We may never get over the mess Bush created in 8 years.
Unemployment rate was 8.5% and rising when Obama took office. It went up and then DOWN to 9.1%.
My question is, if the stimulus was supposed to save millions of jobs why is the unemployment rate up to around 9% since it passed? Of course libs will lie and spin and falsely blame Bush.since libbs like to make the unproven claim that if left had not shoved the the trillion dollar stimulus package down unwilling Americans throats millions of more jobs would have been lost .....can't repubs make the same argument that if we would not have invaded Iraq and Afghanistan millions of American lives would have been lost to terror attacks ??
The report that was issued in support of the Recovery Act estimated that unemployment would most likely go to 10%, but could go as high as 11%. The Recovery Act would then drop that number by 2%. Conservatives use this as their proof Obama promised unemployment would not go over 8%, but the report never claims that. As I mentioned, the report said unemployment could go as high as 11% without stimulus.
In other words, the Recovery Act did exactly what they thought it would do.
My question is, if the stimulus was supposed to save millions of jobs why is the unemployment rate up to around 9% since it passed? Of course libs will lie and spin and falsely blame Bush.
The report that was issued in support of the Recovery Act estimated that unemployment would most likely go to 10%, but could go as high as 11%. The Recovery Act would then drop that number by 2%. Conservatives use this as their proof Obama promised unemployment would not go over 8%, but the report never claims that. As I mentioned, the report said unemployment could go as high as 11% without stimulus.
In other words, the Recovery Act did exactly what they thought it would do.
Nope. The Recovery act was marketed as necessary to PREVEBT the unemployment from
going above 8%...and it claimned it may hit 11% WITHOUT the recovery act.
The report that was issued in support of the Recovery Act estimated that unemployment would most likely go to 10%, but could go as high as 11%. The Recovery Act would then drop that number by 2%. Conservatives use this as their proof Obama promised unemployment would not go over 8%, but the report never claims that. As I mentioned, the report said unemployment could go as high as 11% without stimulus.
In other words, the Recovery Act did exactly what they thought it would do.
Nope. The Recovery act was marketed as necessary to PREVEBT the unemployment from
going above 8%...and it claimned it may hit 11% WITHOUT the recovery act.
Utterly false.
You should read the report before talking about things you don't know.
Nope. The Recovery act was marketed as necessary to PREVEBT the unemployment from
going above 8%...and it claimned it may hit 11% WITHOUT the recovery act.
Utterly false.
You should read the report before talking about things you don't know.
I did.
Quite obvious you didnt.
Or you mis read it.
Read it again.
Utterly false.
You should read the report before talking about things you don't know.
I did.
Quite obvious you didnt.
Or you mis read it.
Read it again.
Then you can tell us the section where they promise unemployment won't go over 8%.
A link will be fine. Thanks.
I did.
Quite obvious you didnt.
Or you mis read it.
Read it again.
Then you can tell us the section where they promise unemployment won't go over 8%.
A link will be fine. Thanks.
They dont. Christina Romer put out a memo stating that it is bekliueved that the stiumulus will prevent unemployment from going above 8%...and the lack of one will result in unemployment at 9%.
Please show me what section stated that with the stimulus, unemployment will hit 10 to 11% but then go down 2 points....as you claimed it said.
A link will be fine.
Then you can tell us the section where they promise unemployment won't go over 8%.
A link will be fine. Thanks.
They dont. Christina Romer put out a memo stating that it is bekliueved that the stiumulus will prevent unemployment from going above 8%...and the lack of one will result in unemployment at 9%.
Please show me what section stated that with the stimulus, unemployment will hit 10 to 11% but then go down 2 points....as you claimed it said.
A link will be fine.
http://otrans.3cdn.net/ee40602f9a7d8172b8_ozm6bt5oi.pdf
"Forecasts of the unemployment rate without the recovery plan vary substantially. Some private forecasters anticipate unemployment rates as high as 11% in the absence of action."
You're welcome.
Then you can tell us the section where they promise unemployment won't go over 8%.
A link will be fine. Thanks.
They dont. Christina Romer put out a memo stating that it is bekliueved that the stiumulus will prevent unemployment from going above 8%...and the lack of one will result in unemployment at 9%.
Please show me what section stated that with the stimulus, unemployment will hit 10 to 11% but then go down 2 points....as you claimed it said.
A link will be fine.
http://otrans.3cdn.net/ee40602f9a7d8172b8_ozm6bt5oi.pdf
"Forecasts of the unemployment rate without the recovery plan vary substantially. Some private forecasters anticipate unemployment rates as high as 11% in the absence of action."
You're welcome.
As she prepares to step down as President Obama's chief economist, Christina Romer said Friday that she wishes she could redo one of her first official acts for the president: last January's forecast that a big shot of federal spending would save millions of jobs and keep the unemployment rate under 8 percent.
Economist Christina Romer regrets saying jobless rate would stay below 8 percent
Asked about the report, Romer said in an interview: "One could have presented it differently. If we'd only talked about the effect of the stimulus on the change in unemployment [instead of predicting the unemployment rate itself] . . . it would have been better. The thing I obviously couldn't control is the baseline forecast, and that's the thing I'm getting criticized for."
Except for the unexpectedly severe collapse in economic growth, Romer said, the report has turned out to be "very accurate."
My question is, if the stimulus was supposed to save millions of jobs why is the unemployment rate up to around 9% since it passed? Of course libs will lie and spin and falsely blame Bush.since libbs like to make the unproven claim that if left had not shoved the the trillion dollar stimulus package down unwilling Americans throats millions of more jobs would have been lost .....can't repubs make the same argument that if we would not have invaded Iraq and Afghanistan millions of American lives would have been lost to terror attacks ??
The report that was issued in support of the Recovery Act estimated that unemployment would most likely go to 10%, but could go as high as 11%. The Recovery Act would then drop that number by 2%. Conservatives use this as their proof Obama promised unemployment would not go over 8%, but the report never claims that. As I mentioned, the report said unemployment could go as high as 11% without stimulus.
In other words, the Recovery Act did exactly what they thought it would do.
Your claim was that WITH the recovery they said unemployment would go as high as 10-11% and then drop 2 points
As she prepares to step down as President Obama's chief economist, Christina Romer said Friday that she wishes she could redo one of her first official acts for the president: last January's forecast that a big shot of federal spending would save millions of jobs and keep the unemployment rate under 8 percent.
Economist Christina Romer regrets saying jobless rate would stay below 8 percent
You should read your own links before posting them. From the article you posted:
Asked about the report, Romer said in an interview: "One could have presented it differently. If we'd only talked about the effect of the stimulus on the change in unemployment [instead of predicting the unemployment rate itself] . . . it would have been better. The thing I obviously couldn't control is the baseline forecast, and that's the thing I'm getting criticized for."
Except for the unexpectedly severe collapse in economic growth, Romer said, the report has turned out to be "very accurate."
Your claim was that WITH the recovery they said unemployment would go as high as 10-11% and then drop 2 points
No.
Why would you lie about this? Anyone can scroll back and see what I wrote.
The report that was issued in support of the Recovery Act estimated that unemployment would most likely go to 10%, but could go as high as 11%. The Recovery Act would then drop that number by 2%. Conservatives use this as their proof Obama promised unemployment would not go over 8%, but the report never claims that. As I mentioned, the report said unemployment could go as high as 11% without stimulus.
In other words, the Recovery Act did exactly what they thought it would do.
Nope. The Recovery act was marketed as necessary to PREVEBT the unemployment from
going above 8%...and it claimned it may hit 11% WITHOUT the recovery act.
Utterly false.
You should read the report before talking about things you don't know.
since libbs like to make the unproven claim that if left had not shoved the the trillion dollar stimulus package down unwilling Americans throats millions of more jobs would have been lost
"According to a new report from the nonpartisan CBO, the stimulus saved up to 2.9 million jobs : A new Congressional Budget Office (CBO) report estimates that the American Recovery and Reinvestment Act (ARRA) increased the number of people employed by between 1.0 million and 2.9 million jobs as of June. "
CBO estimates recovery act saved up to 2.9 million jobs; Perry vows opposition to any new stimulus - Americas ReviewAmericas Review
Nope. The Recovery act was marketed as necessary to PREVEBT the unemployment from
going above 8%...and it claimned it may hit 11% WITHOUT the recovery act.
Utterly false.
You should read the report before talking about things you don't know.
Above is your claim, my response and then your response.
SO dont call me a liar. I do not lie.
